Nat Cat events

1-in-10 chance of US$300bn in insured nat cat losses in 2025: Swiss Re

April 29 2025

As industry nat cat losses grow 5-7% annually, Swiss Re predicts a "peak loss" year could surpass US$300bn or more in the coming years.

GIAJ reports over US$729m in insurance claims from 2024's Noto Peninsula Earthquake

April 28 2025

The 7.6-magnitude earthquake that struck on 1 January 2024 impacted several prefectures across Japan.

Thai insurers' Myanmar quake losses expected to be absorbed by reinsurers: S&P

April 24 2025

Thai insurers may face higher reinsurance costs and tighter margins in quake's aftermath.

PERILS estimates A$2.57bn in insured losses from Cyclone Alfred

April 23 2025

Estimate makes Aflred the country's second largest industry loss, on an adjusted basis, since Cyclone Tracy in 1974.

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Q1 global nat cat insurance losses second-highest on record as APAC faces rising disaster risks: Aon

April 19 2025

While US events drove majority of insured losses, Asia Pacific events exposed persistent gaps in insurance coverage and heightened humanitarian risks.

Over 5,000 insurance claims lodged after South Korea wildfires, assessments ongoing: Report

April 14 2025

Crop loss claims dominate claims following wildfires in Uiseong and Sancheong Counties.

Cyclone Alfred leads to largest number of property claims in RACQ's history

April 8 2025

Insurer's losses estimated up to A$220m (US$133m), with Cyclone Reinsurance Pool expected to cover most of the figure.

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WFI Insurance donates A$250,000 to aid Western Queensland flood relief

April 5 2025

IAG subsidiary supports Rural Aid's efforts to deliver immediate assistance to flood-stricken farming communities.

Allianz says Thailand’s Nat Cat risk steady, but climate change may ‘reshape’ risk assessment: Report

April 3 2025

However climate change is likely to raise Thailand’s exposure to floods and windstorms, says CEO.

Myanmar earthquake to spark risk reassessment in cities far from fault lines: Moody's

April 3 2025

Earthquake caused the collapse of an under-construction building in Bangkok, 1,000km away from epicentre.

South Korea wildfires to have limited impact on insurers' ratings, says S&P

April 3 2025

However, more extreme events this year could strain earnings and increase reinsurance costs, rating agency says.

Australia’s IAG trialling portable Starlink devices to strengthen disaster response

April 2 2025

Tech investment aimed at reducing claims processing delays during catastrophic events.

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